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Topics
Addressed In AID NEWSLETTER December 17TH 2008 Issue Include:
- WESTERN EUROPE - November car sales fall off a cliff
- Editorial
- New
Product:
- Luxury retreat - BMW’s new 7-Series
- In Depth
& Other Topics:
- WESTERN
EUROPE
- Rough and Tumble
- WESTERN
EUROPE -
Porsche sales too have hit slippery slope
- WESTERN
EUROPE
- Back to earth with a bump
- CHINA
- No Chery Picking
- UKRAINE
- Ukraine sales bubble popped
- COMMENT
- Cracks in Munich dreams - BMW
- SWEDEN
- Swedish welfare
- TECHNOLOGY
- Rob Peter to pay Paul - Electric vehicles
- USA
- Knife-wielding GM
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FEATURE ARTICLE
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WESTERN
EUROPE -
November car sales fall off a cliff
Widely seen as a precursor to next year, November’s car sales slumped 26%
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Confirmation that Europe’s car market may be about to enter the potentially most severe
downturn for decades, came with the publication of dire November sales results. What all of these
figures are saying is that November’s passenger car sales didn’t just fall; they have
plunged. Europe’s car market, already on a steep slippery slope, suffered a drastic deterioration in sales during
recent months. ...more
Click to enlarge
page 1 as printable PDF version
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DATA TABLES INCLUDED WITH THIS ISSUE |
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EUROPE
Car Sales
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European
new car sales by
market Nov 2008 v Nov
2007
European new car sales
by market 11-Mths 2008 v 11-Mths
2007
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WESTERN
EUROPE Car Sales
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West
European
new car sales by manufacturer &
marque Nov 2008 v Nov
2007
West European new car sales by manufacturer &
marque 11-Mths 2008 v 11-Mths
2007
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UKRAINE
Car
Sales
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Ukrainian
new car sales by manufacturer &
marque Nov 2008 v Nov
2007
Ukrainian new car sales by manufacturer &
marque 11-Mths 2008 v 11-Mths
2007
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| NEW
PRODUCT |
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GERMANY
-
Luxury
retreat - BMW’s new 7-Series
Rich 1st to tighten purse strings
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 Less than a year ago, when BMW’s
Munich-based strategists were already fine-tuning their individual final launch
strategies and marketing plans for their all-new luxobarge 7-Series, the world’s previously
buzzing luxury car market still resembled a world of mouthwatering golden
opportunities ....more
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IN DEPTH AND OTHER
ARTICLES |
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WESTERN
EUROPE -
Rough and
Tumble
More downward revisions of bearish car sales forecasts
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Industry analysts, shocked by the extent of sales
deterioration seen of late, chiefly during recent months, are virtually united in the view that next
year’s sales will be lower still. AID forecasters, alarmed by the sudden collapse in sales, now expect
an intensifying car sales drought for next year ....more
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WESTERN
EUROPE
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Porsche sales too have hit slippery slope
Even the wealthy are now tightening their belts
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Whilst the very latest Porsche sales figures for the whole of Europe are still difficult to come by, the
underlying Porsche story can be gauged no less clearly from its individual performance in markets where
Porsche figures can be identified. A case in point is Germany, which ranks as the company’s way ahead
biggest market in Europe. ....more
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WESTERN
EUROPE -
Back to earth with a
bump
Prestige car refuge blown away by credit crunch hurricane
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As downturn appears to be turning to slump at
breakneck pace, thus sending entire industries into the skids, BMW now appears to be taking a far harder
pounding than earlier expected......more
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CHINA - No Chery
Picking
Chery-Chrysler small car deal called off
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 US carmaker Chrysler and China’s
hard-pressed Chery, a leading manufacturer of inexpensive small cars with few frills, called off
an earlier made small car alliance aimed chiefly at revitalising Chrysler’s future US standing with
small fuel-economical cars made by Chery in China ...more
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UKRAINE
- Ukraine
sales bubble popped
Tell-tale signs that Ukraine’s car sales bubble has finally popped
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The Ukraine’s new car market, which expanded
at a previously inconceivable rate of knots by racing from one car sales record to another,
finally appears to have hit the buffers. The Ukraine’s new car market is now echoing the
drastic sudden change in market direction now spotted in the much larger neighbouring
Russian market....more
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COMMENT
- Cracks in Munich
dreams
BMW crunches gears as models expand, profits tumble
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 It’s not just American car manufacturers which
are teetering on the cliff edge. Even a hugely successful European company like German
luxury car maker BMW is suddenly faced with a perfect storm threatening to undermine its
traditional business case ...more
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SWEDEN
- Swedish
welfare
Limping Volvo and Saab secure €2.6bn safety net
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Lossmaking Swedish carmakers Volvo and
Saab, owned respectively by deeply troubled US carmakers Ford and GM, were last week
provided with a helping hand that is intended to keep the wolf from the door
...more
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TECHNOLOGY
- Rob Peter to pay
Paul
Battery cars on the way, cost and zero-emission questioned
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 We’ve been driving around in a
battery-powered Smart car, and a mightily impressive little thing it is too. It zips along silently at up to 60 mph. Well, to be
fair, it zips up to 50 mph, then staggers to 60 mph, if you can find a handy down-hill gradient or a
following wind. ...more
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USA
- Knife-wielding
GM
GM aims to cut 1st quarter 2009 North American vehicle production by 175,000
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Embattled GM, still waiting on tenterhooks for a
desperately needed financial bailout from Washington’s wavering politicians, was
reported as saying last week that it needs to pare back US production substantially to
prevent a further build-up of unsold vehicle stock
...more
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